Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
7 CHESTNUT CRESCENT is a small detached house of 110m², built sometime between 1950 and 1966. It was last sold for £337,500 in July 2024, which was around 3% above the average July 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 CHESTNUT CRESCENT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Two of the three 7 CHESTNUT CRESCENT sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2024 26 JUL | £337,500 | £326,248 | 3% above HPI |
2019 8 NOV | £260,000 | £250,345 | 4% above HPI |
2018 12 DEC | £179,000 | £258,889 | 31% below HPI |
The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 7 CHESTNUT CRESCENT sales between December 2018 and July 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2024 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.
7 CHESTNUT CRESCENT is 110m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 7 CHESTNUT CRESCENT lies on this distribution: 34% of detached houses are smaller than 7 CHESTNUT CRESCENT, and 65% of houses are larger. Note that EPC data is not available for all properties in Longton.
7 CHESTNUT CRESCENT sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 7 CHESTNUT CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 CHESTNUT CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
7 CHESTNUT CRESCENT is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 7 on CHESTNUT CRESCENT.